Tag: money

Joint Account

DefinitionA joint account is a bank account shared by two or more individuals. Any individual who is a member of the joint account can...

Safe Deposit Box

DefinitionA safe deposit box, also known as a safety deposit box, is an individually secured container, usually held within a larger safe or bank...

Jim Cramer (James Cramer)

What is 'Jim Cramer' Former hedge fund manager, columnist and author as well as host of CNBC's "Mad Money" and CBS radio's...

Java

What is 'Java' Java is a programming language developed by Sun Microsystems. It is designed to have the ability to run across multiple operating systems...

Joint Bond

What is 'Joint Bond' A bond that is guaranteed by a party other than the issuer. A joint bond is an issue...

Karl Albrecht

DefinitionKarl Hans Albrecht was a German entrepreneur who founded the discount supermarket chain Aldi with his brother Theo. He was for many years the...

Idle Funds

What is 'Idle Funds' Money that is not invested and, therefore, earning no interest or investment income. Idle funds are simply funds...

Bailee

DefinitionBailment describes a legal relationship in common law where physical possession of personal property, or a chattel, is transferred from one person to another...

Jekyll and Hyde

DefinitionStrange Case of Dr Jekyll and Mr Hyde is a gothic novella by the Scottish author Robert Louis Stevenson first published in 1886. The...

Index

An index is a statistical term that refers to changes in representative data points over a certain time period. The term can be applied...